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Rye Patch Gold RPMGD

Metals & Mining Gold Industrial Metals & Minerals
Rye Patch Gold Corp is a Nevada based, Tier 1 mining company engaged in the mining and development of quality resource-based gold and silver mines and projects. The firm operates in one segment, which is the Exploration and Development of Mineral Properties. The firm operates through two geographical areas, Canada and the state of Nevada in the United States of America. The company's primary source of revenue is from the sale of gold dore.


OTCQX:RPMGD - Post by User

Rye Patch Gold > NAV/share of C$0.75
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Comment by RicherNowon Aug 15, 2016 2:17pm
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Post# 25142951

RE:RE:RE:RE:NAV/share of C$0.75

RE:RE:RE:RE:NAV/share of C$0.75Just kicking an idea around.....Wilco ore seems better suited for processing at Florida Canyon at this point... Lincoln Hill has rhyolite as its host rock, much different than the sediment hosts at Florida Canyon AND Wilco.  There's been much bias here by some posters against the Wilco Project.
 For the skeptic, consider this...Florida Canyon is associated with Range Front fault feeders and sedimentary rocks.  Wilco is associated with rangefront faulting and is deposited  in shears and along the contacts of sedimentary rock units. Wilco resource is mostly oxidized and amenable to heap leaching with minimal crushing. Sounds like a better near-term  fit for processing at Florida Canyon.

NOT Investment advice DYODD
Sold 1/2 @ $0.32 US
Bought half back at $0.28 US

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